Rashod Bateman and the Baltimore Ravens have agreed to a contract extension, the team announced Thursday. The three-year extension is worth $36.75 million with $20 million guaranteed, per ESPN's Adam Schefter. Bateman signed a deal last summer that extended his previous contract through the 2026 season.

This contract extension was less of a surprise to Rashod Bateman. The Baltimore Ravens gave out another deal to a key offensive player on Thursday, signing Bateman through 2029. The three-year, $36.75 million extension includes $20 million in guarantees,

Ravens wide receiver Rashod Bateman explored his trade market before signing a three-year contract extension to stay in Baltimore.